Hing Yip Holdings Limited Enters RMB 17 Million Finance Lease with Linqing Zhongyun City Development Co

Reuters
Jun 03, 2025
Hing Yip Holdings Limited Enters RMB 17 Million Finance Lease with Linqing Zhongyun City Development Co

Hing Yip Holdings Limited has announced a discloseable transaction involving a finance lease agreement through its subsidiary, Greengold Leasing. On June 3, 2025, the company entered into a finance lease with Linqing Zhongyun City Development Co., Ltd., a state-owned enterprise in the PRC. The agreement involves obtaining ownership of certain assets from the Lessee for RMB17,000,000 (approximately HK$18,530,000), which will subsequently be leased back to the Lessee. This transaction represents a strategic move by Hing Yip Holdings Limited to expand its financial leasing operations in the region.

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